"""Journal entry, dated January 31, 2019. Debit Interest Receivable 140. Credit Interest Revenue 140. Explanation: """"To recognize interest revenue earned but not yet collected."""" Below the Journal, two T-accounts. Left T-account labeled Interest Receivable; January 31 debit entry 140; debit balance 140. Right T-account labeled Interest Revenue; January 31 credit entry 140; credit balance 140."""
{}